JPMorgan Chase & Co. priced $430,000 of buffered digital notes linked to the least performing of three indexes, with a contingent digital return of 7.25% and a 30.00% buffer. Investors receive defined downside protection but can lose up to 70.00% of principal and must forgo interest and Dividend payments.
Key Highlights
- JPMorgan Chase Financial Company LLC offered $430,000 of structured investments guaranteed by JPMorgan Chase & Co.
- The notes carry a 30.00% buffer and a contingent digital return of 7.25% at maturity.
- The $1,000 notes have an estimated value of $987.30 per note before their October 27, 2027 maturity.
JPMorgan Chase & Co. is a Banks - Diversified company. Each note has a $1,000 principal amount and offers a contingent digital return of 7.25% if the least-performing index finishes at or above its initial value, or declines by no more than 30.00%. A larger decline reduces the payment according to the performance of that index after the buffer. Their original Issue Date is on or about September 25, 2026, with an observation date of October 22, 2027, subject to postponement for a market disruption event. The public price is $1,000 per note, including a $7.50 selling commission, leaving $992.50 per note as proceeds to the issuer. Total proceeds to the issuer are $426,775, while the estimated value when the terms were set was $987.30 per $1,000 note.
FAQs
Q: How much can investors lose on the JPMorgan Chase notes?
A: Investors can lose up to 70.00% of principal at maturity if the least-performing index falls beyond the 30.00% buffer. The notes also do not provide interest or dividend payments.
Q: When do the JPMorgan Chase buffered notes mature?
A: The article does not state when the notes mature. It states that the observation date is October 22, 2027, subject to postponement for a market disruption event.
Q: Who is the issuer and guarantor of the notes?
A: JPMorgan Chase Financial Company LLC is the issuer, and JPMorgan Chase & Co. fully and unconditionally guarantees the notes under the filing.
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